What’s up CEOs!
Having the Auto Dealer Business School in your business can be a great advantage, as it provides access to networks, resources, and assistance. However, even with the best education and resources, auto dealers can still make mistakes that keep them from being profitable.
So let's discuss the top 3 mistakes that auto dealers make, which can lead to financial struggles.
Mistake 1 - Money Management
The first mistake that many auto dealers make is not monitoring their finances. It is crucial to keep track of your cash flow, expenses, and profits. You need to know how much money is coming in and going out, and what you have left over. Understanding your finances is critical to making informed decisions and planning for the future. This is something that is emphasized in the training at the Auto Dealer Business School, and it is vital for the success of your business.
Mistake 2 - Revenue Goals
The second mistake that auto dealers make is not selling enough...